Common use of Forfeiture of Benefits Clause in Contracts

Forfeiture of Benefits. The Executive shall forfeit his Supplemental Retirement Benefit in the event of the Executive's conviction of a felony relating to the conduct of the business of the Company or willful unauthorized disclosure of a trade secret of the Company.

Appears in 4 contracts

Samples: Supplemental Retirement Agreement (Pathmark Stores Inc), Supplemental Retirement Agreement (Pathmark Stores Inc), Supplemental Retirement Agreement (Pathmark Stores Inc)

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Forfeiture of Benefits. The Executive shall forfeit his Supplemental Retirement Benefit in the event of the Executive's ’s conviction of a felony relating to the conduct of the business of the Company or willful unauthorized disclosure of a trade secret of the Company.

Appears in 4 contracts

Samples: Supplemental Retirement Agreement, Supplemental Retirement Agreement (Pathmark Stores Inc), Supplemental Retirement Agreement (Pathmark Stores Inc)

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